The currency pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance line at 76240.66 is likely expected.
Caution: A possible counter-trend in the direction of support at 74095.18 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair could go up.
Furthermore a ‘Three White Soldiers’ chart pattern is detected. The candles form ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 79084.29 |
| 2nd High | 78333 |
| Next High | 76240.66 |
| Current Price | 75412.100000000 |
| Next Low | 74095.18 |
| 2nd Low | 73724.31 |
| 3rd Low | 73580.85 |
76240.66 – 75891.64 – 78333 – 74095.18 – 73724.31 – 74867.72 —
75572.000000000 – 75266.460000000 —
61.397950659106 – 57.496822066234 —
– —
76240.66 – 1776603600
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –